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Ghana Real Estate Sector: Discussing the Complex and Multifaceted Housing Situation in Ghana

Real estate is an important sector of the Ghanaian economy and has seen significant growth in recent years. The demand for real estate in Ghana is driven by the country's rapid urbanization and population growth. Additionally, there has been an increase in foreign investment in the sector, particularly in the luxury and high-end residential market. According to data from the Ghana Real Estate...

Ghana: A rising star on the global real estate stage

While real estate markets struggle in the developed world, Ghana remains a hotbed of opportunity.   If you miss the red-hot real estate deals of ten years ago, take heart. Those kinds of deals may be few and far between in your country…but in Ghana, they are still plentiful. Ghana, an English-speaking West African nation endowed with a wealth of natural resources, has witnessed...

Letshego

Letshego Group to support African citizens through affordable housing project launch

In line with Letshego’s purpose to improve lives, the pan-African inclusive finance group is now launching its latest flagship product, Affordable Housing. The product is available to customers in Namibia and Botswana, with rollout plans to the group’s remaining pan-African countries. Citizens across Africa, and many global emerging markets, struggle to access housing for several reasons, including...

Ghana Housing Authority

Ghana Housing Authority to commence operations soon

The Ministry of Works and Housing (MWH) is hopeful that it will soon complete the necessary processes to establish the Ghana Housing Authority (GHA) to assist the country deal with its 1.8 million housing unit deficit. It is, however, putting in place the required impetus to support the review and enactment of relevant legislations for the operationalisation of the authority with the mandate to...

Seller's Market

Tips on how to succeed in a seller’s market

If you have been watching the real estate market lately, you will have noticed that, on an international scale, we are experiencing a strong seller’s market. Sellers need agents now more than ever! Let’s look at what your clients can expect and how you can help them if they are entering this hot seller’s market.  A seller’s market happens when there’s a shortage in housing or there are...

Fitch Solutions

Ghanaian Cedi expected to depreciate by 43% by Fitch Solutions

Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in the value of the cedi to the American currency in 2023, which means the woes of the local currency will not get better anytime soon. Disclosing this in its latest report on the country dubbed “Ghana’s Private Infrastructure Investment Set For Medium-Term Recovery”, it...

Ghana Civil Aviation Authority

Ghana Civil Aviation Authority bans Delta Airlines from flying into the country

The Ghana Civil Aviation Authority has banned an aircraft with Delta Air Lines, with registration N195DN, from flying to Ghana. According to the Authority, the decision follows the failure of the company to investigate and address technical issues regarding the aircraft in question, which left several Accra-bound passengers, including Ghanaians, stranded at the JFK airport on July 24, 2022. The crew...

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